Sri Lanka’s president makes U-turn on IMF bailout
Colombo (AFP) - Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election ...
Wednesday, April 2, 2025
Tag: debt
Debt-saddled Laos struggles to tame rampant inflation
Vientiane (AFP) - Suffocating under a mountain of debt to China, communist Laos is struggling to tame rampant inflation, with ...
Fitch upgrades Argentina debt rating amid economic pain
Washington (AFP) - Credit ratings agency Fitch upgraded Argentina's sovereign debt rating to "CCC" from "CC" on Friday, citing improved ...
China unveils sweeping local govt debt swap to lift ailing economy
Beijing (AFP) - China on Friday unveiled some of its most ambitious plans in years to lift local government debt, ...
US writes off over $1 billion of Somalia debt
Nairobi (AFP) - The United States and Somalia reached an agreement on Tuesday for Washington to cancel more than $1 ...
Boeing announces stock offering expected to raise up to $19 billion
New York (AFP) - Boeing announced a stock offering on Monday expected to raise up to $19 billion, saying proceeds ...
Moody’s cuts France outlook, opening door to credit downgrade
Washington (AFP) - Ratings agency Moody's downgraded France's outlook Friday, opening the door to a potential credit rating cut as ...
US budget deficit widens to $1.8 tn, third highest on record
Washington (AFP) - The United States on Friday reported a budget deficit of $1. 8 trillion for the past year, ...
French borrowing costs surpass Spain’s, a first since 2006
Paris (AFP) - The French government's borrowing costs surpassed Spain's for the first time in almost 18 years on Thursday ...
OECD calls for higher property taxes to fight debt
Paris (AFP) - The OECD on Wednesday slightly raised its world economic growth forecast for 2024 but called for higher ...
We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.